ADA | Trap or not ?
Here are some facts we all know :
• An ascending channel has been formed for a few days
• We have a resistance close to us that does its job well and resists 😅
• We also have a support that is probably the stopping point of many of us
What I think happened :
• price reaches the support line and crosses it
• My reason is that there is good liquidity for the market leaders in that area.
• Now that the market sentiment is negative and traders are selling more, it can accumulate a lot of volume by passing support.
I am also waiting for the-hero signal
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Like if we are on the same side
Leave a comment, if you want, we can argue with each other 😅
Follow me if you like my not-so-logical ideas
• An ascending channel has been formed for a few days
• We have a resistance close to us that does its job well and resists 😅
• We also have a support that is probably the stopping point of many of us
What I think happened :
• price reaches the support line and crosses it
• My reason is that there is good liquidity for the market leaders in that area.
• Now that the market sentiment is negative and traders are selling more, it can accumulate a lot of volume by passing support.
I am also waiting for the
-----------------------------------------------------------------------------------------------
Like if we are on the same side
Leave a comment, if you want, we can argue with each other 😅
Follow me if you like my not-so-logical ideas
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